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European economic democracy: a path out of the crisis

The crisis of purpose in European social democracy is not for want of attempts to propose policy solutions. On one level, reforms which need to take place at the European level—from a eurozone fiscal union to the expansion of protection for workers—are well acknowledged. On the other, especially in the British discourse, there is exciting ‘new economic thinking’ about democratising institutions, offering ‘universal basic services’ and expanding the ownership and power of workers and communities.

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